C1 isn’t the only ‘legitimate’ scam that affects our country (and the world). In the U.K. please report it to ACTION FRAUD and in Australia please report it to SCAM WATCH. ONECOIN, TOWAH, SITETALK, ENIGRO, COSS TEAM. Most people that join don’t know its a scam – that is how people get duped into these in the first place. You have a choice, wash your nets ank badk in the sun or pray for a miracle second time around. Crowd1 will grow and become bigger than big. Crowd1 is definitely going down, more signs are now visible that it’s only a matter of time they run away with peoples money. My take is it doesn’t matter what his profile looks like, he’s running a Ponzi scheme. While a lot of people believe Crowd1 is a scam, I cease to agree with them. EN. You can’t communicate effectively if you don’t know what you are talking about. Crowd1 is the best company ever. T & C’s first page. All funds received from abroad must be reported to the Reserve Bank and the Revenue Service. There no miscommunication as regards the tax issue. He’s now preemptively distancing himself even more, by claiming that Crowd1 is still only being “transferred” to ICT, and that he has no clue about the finances. No pyramid has ever lasted, they always fold – you will loose your money if you stay and you dont know when it will fold, not even the people at the top know that often. You stealing money from people who invest after you doesn’t justify securities fraud. The lifetrnd product is in each case checked higher priced then the same hotel/booking at both booking.com and hotels.com. Something that just means “someone who plays some important but undefined role in a company”, not a real job description. The Philippines isn’t even a top source of traffic for Crowd1’s website. Do they pay? In The statement, FSCA has requested the Republic of South Africa to not engage/ carry on promoting crowd1 for many reasons. Crowd1 Rewards The first payout on the Owner Rights/Rewards that you had achived up until April 15, will be done June 15 and cover the earnings from product sales until May. As compared to the other MLM’s, the noticeable difference is that Crowd doesn’t have tangible products. 5.5 million people would make Crowd1 bigger than the population of 10 out of 27 EU member states, and about level-pegging with two more (Finland 5.5 million, Denmark 5.8 million). Changes in Matching Bonus, Binary, Residual, and Active Pools and Customer Sales Bonus. 2. We fear sometimes, because as bit coin stall peoples money and disappeared, how are u prepared especially in Uganda Africa. For your information, Lars Johan is no longer legally linked to crowd1 as mentioned in the Spanish commercial register. By collecting Pioneer Owner Rights you will get a part of the profit from all amazing upcoming product lines that will be launched. Pure pyramid scheme definition. Secondly the Namibia government did not prosecute the promoters there yet. We are calling Crowd1 CEO to please return investment for all those who are not longer happy with Crowd1 and also we are pleading with the Government to ban this scam from South Africa. Sorry for your loss. This means they are paying out on double to three times the points on half to three times less the amount money/BTC recieved, (ah actually they are not paying) plus all the double and triple Owners rights. Wouldn’t surprise me. Yes Crowd1 operates a pyramid scheme. Xindendi: They planned thing pyramid scheme very well, try to make every look legit, targeting africans (especially south africans) because they know my fellow south africans like quick money. If you are in crowd1 do not sit and expect to be paid, you need to work like any worker or businessman. Instead it chooses to operate illegally in every country securities are regulated. 4. Once recruitment slows down in south africa, it’ll be the end of crowd1, because thats where majority of crowd1 steals money from, and soon, I mean very Soon South africans will be wanting their money back. (Claiming to do arbitrage or AI bot trading, like many MLM-Ponzis claim to do, is much better scam script, because financial asset markets at least can be “positive sum games” and arbitrages do really exist.). Whether you’re stealing money or not has no bearing on Crowd1 committing securities fraud. Crowd1 was a Ponzi scam 10 months ago. So, people who joined to Crowd1, how is it working out for you? I mean if he made his money back he invested, then more, I don’t think he really losing anything by joining. Mauritius issued a securities fraud warning. I was alos looking around and checking this company. Alexa shaws Wantage One has dropped from a ranking of 442,984 90 days ago to a rating of 994,579 today, leaving it sitting at 1,942,706 In global internet traffic and engagement over the past 90 days. Should you choose to sign up and hunt massive profits, you buy an “educational package” that has more worth to members as it unlocks bonuses, rather than the package actually contributing educationally. 7. Which is ultimately what it comes down to. I have a screenshot where the FSCA had issued a statement regarding the crowd1 scam. Premier Bet Sports Company has no cooperation with the Affilgo or Crowd 1 company. The only passive income I know of is owning buildings and houses to rent out and getting someone else to do the maintenance. Which is ultimately what it comes down to. it’s really funny to see people trying to hide the sun with their hands. I’ve taken my time to read through comments here about Crowd 1 and its operations. Don’t link to a video if you can’t explain yourself! Hard Worker says above, and it is so true: if it sounds too good to be true it probably is. here’s the Tax Compliance number of the company under European Union Compliance laws: TAX ID Number B88429436. I am not an economist or have a degree in finance (or any other degree for that matter) but I am able to read, search the web and make educated decisions. So, money only comes from the paying people….. We all know the names of THIS GAME !!! I had a quick look at Travel10, appears to be single-level commissions i.e. 8. The formal position he held, ‘Administrador Único’, has not been filled since. Live long and prosper. 1. Meaning there is room for a systematic growth, something most MLM’s don’t have, hence my emphasis on the uniqueness. In same ways, with Novapago, they promised to pay cash since Feb 15th, 2020 but until today Feb 23, no any feedback. If you close your account, you lose everything in your wallet. I didn’t know that, but I’ll continue doing research because that miscommunication is vital. I couldn’t disagree more. Do u understand? Crowd1 itself disagrees with you. Our people never learn, south africans are always attracted by these scams, when will they learn? The Crowd1 blog is of course marketing but I thought the explanations were so lame it was worth posting it here. I’ve got enough hard facts, information and the right kind of arguments to (hopefully) finally get here to realise she needs to get out ,and that crowd1 isn’t a genius business opportunity that is at the same time helping people out of poverty. E.g. El último cambio respecto a los empresarios de Impact Crowd Technology Sl es de STAEL VON HOLSTEIN LARS JOHAN MAGNUS que ha sido cesado/dimitido como adm. unico en 10 de Marzo de 2020. Crowd1 can’t pull enough revenue out of Jonas Werner’s ass to pay you all, so sorry for your loss in advance. Owner Rights; HOW TO CLAIM WEEKLY CROWD1 OWNER RIGHTS. Like in ANY investments. maybe the people recruiting members are talking nonsens. Crowd1 is pretty much a clone of the Bitconnect business model in that respect. So here we go Oh Oh, Those of us the have been around block a few times, usually knows what that means? The official statement from the South African authorities: Wow, so that breakit.se site can “now reveal” things anyone has been able to read right here on BehindMLM for about as long as Crowd1 has existed? Because I refused to join these ponzi schemes that she’s busy peddling on FB. There is no “get rich quick” scheme that is legal. Your economic fuck ups in life are not my responsibility. You do know what a proper noun is don’t you? The earlier you join during prelaunch, the more beneficial the Owner Rights program will be for you, as the Owner Rights will steadily increase in value. moneyweb.co.za/news/south-africa/consumer-commission-not-looking-into-crowd1/. But at least you’re refreshingly honest, admit that all that “passive income” guff is just marketing lies, and that’s it a pure pyramid scheme, with the only income coming from recruiting – until the pyramid inevitably collapses of course. If anything you’re contributing to it. Log In . Only the regulator for the other country would know about that one because countries have unique protocols with their licenses. about farming). His role in this bad game is over. Your succession rights mean nothing – there is nothing to inherit (more specifically, your descendent mentioned in your will can continue holding the account and doing business but if they close, there is no refund, so yeah, they are prisoners without any payout). Having not registered with financial regulators, Crowd1 is thus operating illegally in every country it solicits investment in. Not only that, those EU tax regulators vet companies before they’re allowed to do business, and even have the power to fine or arrest people if they’re found wanting. People from crowd1 font want to told that they promoting a scam, a very clear scam. Although it claims to generate external revenue through gambling activities, Crowd1 maintains it ‘must not be mistaken for a gaming or gambling company.‘. It’s not rocket science it’s an illegal pyramid scheme don’t be ashamed if you got ripped off we not all intelligent beings some of us are just hasty and desperate enough to do stupid things and one last thing. What makes Crowd1 different to a pyramid scheme is that you can only register once off. Ruuuun. Any company which is supposedly based in Europe, and which had grown to such a size in less than two years, would be all over the media. I need to tell my bank now far out! Recruiting people into fraudulent investment schemes isn’t work. ^^ Was going to spambin but decided I’d share the laugh. Perhaps collected Crowd1 associated crypto addressess? Crowd1 dropped the gambling bit back in March, when it emerged their claims of having a business partnership with the African betting company Premier Bet were an outright lie (https://behindmlm.com/companies/crowd1-drops-gambling-ruse-now-an-app-ponzi/). Affiliates simply market the Crowd1 affiliate membership. Money comes through hardwork even if it’s stealing, robbing a bank. Crowd1 is a ponzi scheme owned by sweden and norgian big scammers. Listen guys, basic things GIFTS.Greed, Indifference, Fear of loosing Out, The Jones theory, Sense of urgency, etc is the scammers cardinal approach. Someone “challenged” me to buy in to see for myself that it’s on the up and up. I consider the case closed on CROWD1 and if you are still defending it your need to check your morals – businessinsider.co.za/namibia-bans-the-crowd1-as-having-no-product-other-than-new-members-2020-2. The Crowd1 Compensation Plan. After the launch of Affilgo and up until the launch of Miggster we will distribute Miggster Owner Rights, which will give Crowd1 members dividends from all Miggster activities! Just like hedgefinity just vanished in a thin air with our money.it was promising heaven and earth just like crowd 1…. I generalized them as regulators since they amend most of the tax laws for businesses who deal with digital technologies and the relationship between customers and financial services. Just search on “Crowd1 passive income”, and you’ll find tons of links to Crowd1 affiliates promising investors a passive income. I think they always add a zero to the real number of their members in order to attract more victims. My friend doesn’t speak english and we don’t have this information in spanish. In every business or work you need to perform to get paid, where on earth have you sat home doing nothing and get paid? RUNE EVENSEN THE MASTER SCAMMER. Where they went onto the person wasn’t sure. Not too smart !! But is crowd1 Still paying commission? They need to put that MLM money to work, then go buy a car with those profits. You’re not allowed to use their logo, talk about them, talk about potential revenue…nothing. I begged a few of them to sell me their “products” still waiting for their sales pitch. Guys with remote knowledge of how such companies operate admire their masters with awe. alexander: Take responsibility for your thievery. HOW TO TAKE BACKUP & HOW to RESTORE YOUR BITCONNECT COIN WALLET IN MAC OS X? See you when it’s time to pretend you had no idea Crowd1 was a Ponzi scheme. This doesn’t even warrant any deeper financial discussion maybe some about the psychological defects and idiotic ideas of those which participate in or defend this criminal activity. Some people make millions or hundreds of thousands of Rands in a matter of months!! I’m not sure if it will payout in February. They say that our government is “misinformed” about the situation. Download Terms & Conditions . Because according to all information available so far, it doesn’t have any. Oz I’m not saying you wrong or right it your opinion. Mbuduma kaMasoka: Crowd1 is your business make it work by recruiting new members. Lottery and gaming MLM? Your empathetic efforts to deter people from getting scammed by C1 is worth being revered. Craig Steven Wright claims to be Satoshi Nakamoto Father of Bitcoin. HOW TO CLAIM OWNER RIGHTS OF CROWD1 #CROWD1 OWNER RIGHT. The registration and ownership is questionable, there is a CEO with a namr and face, but where is the rest? We still earning and all transaction was legal. Members sign up new members. Planet IX – Crowd1’s very own virtual world. I will have to fine another entertainment to relax. You sounded confused before, now you’re pushing moronic. That’s my opinion though. Crowd1 = 1% business model and 99% Pyramid/Ponzi model. We’ll still be here when you pretend you didn’t know it was a scam but. With the super growth of Miggster, company will now start pushing for Miggster to join the stock market. Ref: OneCoin. We warned you, but we didn’t listen. 6. C1 is definitely not the first Ponzi to hit an impulsive populous that willingly invests in MLM’s. Worth noting also is that SA has very strict Foreign Exchange regulations. This isn’t Facebook. The second they start to try and sell you “the dream” warning signs go up. Your only defense of Crowd1’s securities fraud is you’ve made money. Any problem ? Their choice. No real company, no product, no real address behind this program. to people who have joined are there any changes since it was said that after affilgo launch your owners rights will be shares? Its quite sad its mostly the poor joining with their last pennies with hope of becoming millionaires as crowd1 promises to enrich their lives. Especially in an International Company. I immediately knew it was a scam company. I asked the Facebook lady to tell me about and instead of replying she added me to a Whatsapp group where she has been sharing investment plans. Look at the video dow on the page How to get them for Free €115! A simple Ponzi scheme is still a Ponzi scheme. BitCoin does the exact same thing with their referral program. Yet the management is milking this cow for everything they can, as they seem to be teflon coated, given the string of failed and fraudulent schemes they have been in over the last 10 years of which there are too many to list here. Here I am having spent 2 hours reading through the feedback and though it’s an easy way to get money from the hands of people without a physical threat, my conscience is tells me Negative. I’m from the Philippines it’s next target. Namibia’s Bank wants to (Ozedit: derails removed). If there isn’t enough to match the weaker binary team side, only 10% on the weaker binary team side points is paid out. I am rather disgusted by some of the justifications put forward here although I am not in the least surprised being South African myself and knowing how South Africans are. Furthermore, when a new member is assigned to the binary system, each person in the up-line receives a bonus. Seems like this article is missed here in the discussion…, [NoLink]www.businessforhome.org/2020/02/crowd1-ceo-is-johan-stael-von-holstein-a-fair-short-review/, Now – Business for home is quite liberal when talking about MLM business – but now they have put down some really hard words…, We believe Crowd1 CEO Johan Staël von Holstein is a fine entrepreneur, with a great vision, however we have our doubts if the opportunity is legal and sustainable. The math behind Ponzi schemes guarantees that when they collapse, the majority of participants lose money. The length a Ponzi scheme runs till it collapses is irrelevant in light of it being a Ponzi scheme. Yes! You’re no different to every other Ponzi scammer out there. Residual commissions Crowd1 does have residual commissions and they are paid out through a binary compensation plan. ... CHYMALL – HOW TO LOGIN. Their partners, who are BTW very big wel known Names one is Codere headsponsor of Real Madrid for the last 7 yrs..!!! When I first read your post I thought you had to be a troll. I think, their promotional SENTENCE says also everythings…, IMPOSSIBLE IS NOTHING… sure, because this is NOTHING…, Most people who are joining this are not new to MLM they already know its a pyramid with makeup to look attractive and they know there is a point its going to fold but before it folds there is an opportunity to make money so as much as u want to convince people that its fraud or a scam they already know…. They are taking an advantage of poor and vulnerable people.They are mostly in third world countries not prominent in these other rich countries. i have not joined but i still need more info on them so that i make informed decision. I’ve just joined crowd 1 and I don’t see the reason to doubt since I’ve lost a lot of money gambling lotto and other so called legit marketing like selling products hoping to make it big only to be left wanting with no income. The whole thing is a dogs breakfast, the likes i thought i would never see again after OneCoin & CloudToken, Cyrpto888, Nano Club, Ormeus, Sitetalk, Uniaco, OPN. To join Crowd1 one of the investment levels to qualify for commissions from the opportunity that Crowd1 offers. I’d say that these are indications that Wantage One has collapsed. We suggest therefore we focus our expectations at the right goals and make the millions like some of our leaders are doing. It’s a Ponzi scheme. Marketing bullshit will be marked as spam. I emailed the partnered companies myself yesterday and got an instant response that they ARE NOT AFFILIATED WITH Afilgo. eagle eye: They entice people to join with FOMO bonus and the list goes on. They seem oblivious to that fact that the program and the way its being promoted, contraveins securities fraud, money laundering and about a dozen other laws and is on the hit list of a dozen or more government agencies. Crowd1’s website domain (“crowd1.com”) was first registered back in 2007. Given Crowd1 is active in third-world countries, retaliation from those you scammed is also a possibility. Crowd1 is *not* an investment company, nor are we buying shares in the company. and now you think this is a pyramid. keeps repeating one thing over and over again without realizing that he has ran out of real facts. Then there is the managements recent reply to BON saying, BehindMLM's advertising partners use cookies to collect data for ad personalization and measurement. What is shown is simply a number used by the Spanish tax authorities to identify taxpayers. I would still like to see your “research”. Crowd1’s business model is not a secret. The Crowd1 members (owners-rights holders), from the Gaming and Gambling companies with whom Crowd1 has entered into an exclusive agreement will receive a profit distribution. I told my wife about this scam and she does not listen she is head deep in it. 1.) Was that the first thing you found on Google? Only…” And the most important, GREED. And now you have 9,900 passengers on the other 99 buses (that your bus and other drivers recruited), who spent money on a Disneyland vacation realize they’re not going and their money is gone. Beyond that there’s not much you can do except not get involved yourself. Now is also kangot! Or in this case as long as it pays you it isn’t a scam!! 9.) At the end, the top will have money but those who will invest later will loose when the business will collapse. The low level of regard for authorities is astounding. I’ve done my research and it’s crystal clear it’s a Ponzi scheme. Like, someone can make a Miggster Store or a Lifetrnds travel agency. Tor Anders has never appeared at a Crowd 1 event; is never mentioned by Crowd 1’s higher ups and he is not listed on any Crowd 1 network website. Nee requirements and mechanics. The gambling ruse came apart after an African company confirmed they had no partnership with Crowd1. I have taken my time reading the article and comments and thank you very much Mr oz I wish I had known earlier. What “technology”? Don’t give a analysis before judge. As to longevity: a properly run Ponzi/MLM scam can easily last quite a few years. I’m crowd 1 member, there are empty promises about residual payout. There is no “well”. It’s still getting paid till now. Twitter. this is just the beginning of the pain. Nor have I worked for the Reserve Bank of Namibia. 8.) Such a precipitous fall, and such an extended period of complete stability before it, can only have two explanations: (1) They were generating fake traffic, and for some reason stopped doing so. “How about” hypotheticals are not an excuse or justification for financial fraud. “We got hacked” is a pretty common MLM crypto exit-scam ruse. Also via the unique Streamline bonus system all members receive extra Owner Rights for free every week. Ted will take your money and put up a puff piece devoid of critical analysis. It is up to the tax authorities to see that they comply with that. Mbi Fidelis Atang: just man up get rich or die trying in trying u will lose it doesn’t mean u should not try again, Another quote for the serial victims’ Hall of Fame. Stelios Piskopianos is the owner of Crowd1 Network Europe Ltd and the company’s website domain. This analysis published 10 months ago…after your analyze 5.5 million peoples have joined in Crowd1.com & so it’s prove that your analysis is wrong. The Reserve Bank of Namibia stepped in because C1 promoters take in funds without a licence. This will starve Crowd1 of return revenue, eventually prompting a collapse. It is very real and regulated the world over. I read you are very obsessed with securities. In any event, legitimate gambling outfits aren’t going to touch securities fraud Ponzi schemes with a barge pole. Crowd1 mentioned on all forums, that : This is totally bullshit, as they have “no product”, what is generating money via, phone. That is taken from the silly video you link to, made by an Australian turned Canadian self-proclaimed acting and public speaking teacher (going by his painful videos, he’s not very good at the stuff he’s supposed to teach). Crowd1 Reviews – The Products. When they arrive, I’ll post them also here. Given how easy it is to setup crypto fraud related shell companies, I imagine that only set them back 5 mins? Crowd1 has no registered it’s passive investment opportunity with a single financial regulator. Your fraud doesn’t detract that they acted as they are supposed to. At the time of the first dividends payout, we will open the Crowd1 Exchange., which is a platform where you can buy and sell Owner Rights. Lol, once again, I’m not a scammer, I’m an opportunist. South Africa is batting on par with Norway as far as regulators doing SFA against securities fraud. In the past 4 months, we’ve seen the following: Namibia banned them for being a Ponzi scheme. We aren’t trying to convince anyone anything. Are South Africans too stupid to see a pyramid scheme when it’s literally laid out for them? A binary compensation structure places an affiliate at the top of a binary team, split into two sides (left and right): The first level of the binary team houses two positions. During the Fear of Loss Bonus period, a Crowd1 affiliate earns. I had to read each and every comment here, I laughed, and almost cried. It would also be good if you humiliated us ‘scammers’ whilst providing us with alternatives to C1 because if not we still got to eat bro. This is a regulatory concern in and of itself. 1.Create the hype, the air Castle. Not a Scam. No new economic value is created through gambling. Don’t be like that. Ownerrighs = Air, and problems already started by management holding back payouts and convincing people to not sell. I think people from richer countries with better infrastructures speak to easily. It’s pure madness. HI. The system will still operate without recruiting because members can sell and buy Owner Rights. So the whole Crowd1 concept doesn’t make sense to me, even as a clear-as-day MLM-Ponzi. Protected from hakkers! Hi some people say its this norwegian from Towah own this Mr. Tor Pettero and one swedish in Stokholm. For more information on use of collected data and cookies please refer to our Privacy Policy. Morgan - April 3, 2020. But I now understand that it can be seen as marketing, and that was the last thing I wanted. When considering joining an MLM program, beware of these hallmarks of a pyramid scheme: -Properly run MLM programs involve selling a genuine product or service to people who are not in the program. So he decided to jump from the boat before it sank, in order to preserve his image. Crowd 1 is a scam for real. Your dumbass argument is the equivalent of insisting robbing banks, murder, assault etc. Which states that JSvH has either resigned or was fired as “Administrador Único” of the company on March 10. Bruh… Our government was the first in SEA to raise a warning against Crowd1 then Philippines’ SEC orders Crowd1 to stop it’s *business. Location: Media City, Dubai Marina. HOW TO CLAIM OWNER RIGHTS OF CROWD1 #CROWD1 OWNER RIGHT. I’ve lost thousands playing lottery so I’ll also take this as a game enjoy while still last. Based only on your name, I’d be willing to hazard a guess that to you, they’ve also been lying about Crowd1 being hugely successful in Europe. Or, if it ever takes off, that all end-customer payments will be diverted to the account of some quickly disappearing fraudster. Dunno what facts you’re citing but based on its business model Crowd1 is a Ponzi scheme. All in all if you are oblivious towards these scams and a muddlehead you would really fall for crowd1. The signs of Crowd1’s collapse are visible to the naked eye. Doesn’t mean OneCoin and Crowd1 aren’t Ponzi schemes. (It took me about 30 seconds to “research”, as you would no doubt call it, point 2. So what do you think is the structure here? A Ponzi scheme pays up for as long as new investors sign up. Thanks for the heads up! It’s free at the basic level, and I doubt there’s much of a vetting process, if there is one at all. Just that securities fraud and Ponzi schemes aren’t legal. English doesn’t have any special legal status, and there is no requirement for any Spanish judge or any Spanish lawyer to know any English, AFAIK. He owned/owns Towah, a company that allowed pyramid schemes to process payments and supply their victims with bank accounts. If reading that doesn’t chill your blood, then you have a very high risk appetite. And in terms of MLM-Ponzi scamming script, I think gambling is not an ideal choice to begin with, because gambling is by definition a negative sum game. Ah to own up to scamming people seems to be the new way to justify a scam in progress. JSvH was a key player in the Swedish dot com boom. I’d say who is Johan Stael Von Holstein? Well any MLM “part-time” job isn’t worth it at all. All Products will now also have their own BP (Business Points). Crowd1 at least provides a bit of hope, and I can guarantee you it will be around long enough for people to make their money back! A serial scammer is someone who keep taking other people’s money (such as serial failure) because they let him/her do it, while pretending to be serial entrepreneur. You can remove any personal info (or leave it up to me if I decide to publish). Its a pretty poor article. Any problem ? OZ you dont have any visions at all. The idea is, that their massive client mass will go and begin to “play” to the connected sites. Hes days are numbered. I assume you mean are Crowd1 registered to offer securities in South Africa. It was quite funny though to see how the Crowd1 affiliates began worshipping him the moment he was wheeled out, and pointing to him as some kind of argument from authority for how legitimate Crowd1 was. If you’re a scumbag with bankrupt morals, nothing is going to stop you stealing money from people through Ponzi scams like Crowd1. “Operating as a financial institution”) in late June 2020: mtr.mkm.ee/taotluse_tulemus/538801?backurl=%2Ftaotluse_tulemus%2F515920. Since then I’ve been trying my best to get her out of it. I have never been a part of online based MLM, but it certainly is better education than doing absolutely nothing.